Post Utme Abu 2017 Economics Question 25
Practice objective / multiple choice question 25 from the 2017 Post Utme Abu Economics examination.
A firm's supply function is given by Q = 50 + 2P. If the price of the good (P) increases by 20%, what is the new value of the elasticity of supply (ES)?
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About This Question
This is Post Utme Abu 2017 Economics Question 25. It is one of the objective questions from the 2017 Post Utme Abu Economics examination.
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